Score:
5/10
Analyze what earned this score 🔥
GS2
International Relations
10 marks
Discuss the role of the World Trade Organization Ministerial Conference in shaping global trade governance. In this context, examine India’s concerns regarding food security and fisheries subsidies.
Student’s Answer
Evaluation by SuperKalam
Analyze what earned this score 🔥
WTO-Ministerial Conference (MC) is the highest decision-making body of WTO comprising 164 member nations and meets every 2 years. Recently 14th MC concluded in Cameroon with discussion on e-Commerce Moratorium, PSH (Public Stock Holdings), WTO Appellate body etc.
WTO-Ministerial Conference (MC) is the highest decision-making body of WTO comprising 164 member nations and meets every 2 years. Recently 14th MC concluded in Cameroon with discussion on e-Commerce Moratorium, PSH (Public Stock Holdings), WTO Appellate body etc.
[DRAWING: A mind map with "Role of WTO-MC" in the center. Arrows point outwards to the following six points:]
- To establish Global Rules of Trade and agenda-setting of trade policies
- A negotiating forum for member nations
- Provides for Policy review and development. (eg: subsidies of trade distortions)
- Helps in Dispute Resolution on policies among members
- Consensus of members nations required to achieve a decision.
- Resolve Stalemates, barriers in formulating Policies by deliberation
[DRAWING: A mind map with "Role of WTO-MC" in the center. Arrows point outwards to the following six points:]
- To establish Global Rules of Trade and agenda-setting of trade policies
- A negotiating forum for member nations
- Provides for Policy review and development. (eg: subsidies of trade distortions)
- Helps in Dispute Resolution on policies among members
- Consensus of members nations required to achieve a decision.
- Resolve Stalemates, barriers in formulating Policies by deliberation
India's Concern On
1. Food Security
- Public stock holdings (PSH): India backs PSH Procurement from farmers for food security. However, WTO views it as exceeding limits and leading to trade distortions.
- MSP: India Procuring from farmers on MSP above de minimis level of 10% is challenged by nations under Amber box Subsidy. Currently India relies on Peace Clause of 2013.
- India Refers Permanent Solution for its PDS Public Distribution System to ensure food Security.
India's Concern On
1. Food Security
- Public stock holdings (PSH): India backs PSH Procurement from farmers for food security. However, WTO views it as exceeding limits and leading to trade distortions.
- MSP: India Procuring from farmers on MSP above de minimis level of 10% is challenged by nations under Amber box Subsidy. Currently India relies on Peace Clause of 2013.
- India Refers Permanent Solution for its PDS Public Distribution System to ensure food Security.
2. Fisheries Subsidies
- India faces challenge of sustainability v/s livelihood of fisherman.
- Members claim Subsidies lead to Overfishing which goes against sustainability.
- India claims grace period of 20-25 yrs to modernize its fishing Industry.
- India prefers exemption for small fisherman within EEZ to Protect their livelihood.
- India -> Developed nations like US, EU, China do distant fishing So bear Primary burden (Polluter Pay Principle)
2. Fisheries Subsidies
- India faces challenge of sustainability v/s livelihood of fisherman.
- Members claim Subsidies lead to Overfishing which goes against sustainability.
- India claims grace period of 20-25 yrs to modernize its fishing Industry.
- India prefers exemption for small fisherman within EEZ to Protect their livelihood.
- India -> Developed nations like US, EU, China do distant fishing So bear Primary burden (Polluter Pay Principle)
However, 14th MC concluded with no substantial outcomes and continued stalemate. Members must show collaboration and equity based approach catering to differential needs of developing and least developed along with focus on sustainable development. Everyone must uphold Rule based Trade system to avoid fragmentations, Economic confrontations. and lead to ultimate vision of WTO "barrier free Trade".
However, 14th MC concluded with no substantial outcomes and continued stalemate. Members must show collaboration and equity based approach catering to differential needs of developing and least developed along with focus on sustainable development. Everyone must uphold Rule based Trade system to avoid fragmentations, Economic confrontations. and lead to ultimate vision of WTO "barrier free Trade".
Solid technical understanding with good use of current affairs and systematic presentation through mind map. The answer effectively covers all demands but could benefit from more quantitative data and specific examples to strengthen arguments. Well-structured approach with clear sectoral division.
WTO-Ministerial Conference (MC) is the highest decision-making body of WTO comprising 164 member nations and meets every 2 years. Recently 14th MC concluded in Cameroon with discussion on e-Commerce Moratorium, PSH (Public Stock Holdings), WTO Appellate body etc.
WTO-Ministerial Conference (MC) is the highest decision-making body of WTO comprising 164 member nations and meets every 2 years. Recently 14th MC concluded in Cameroon with discussion on e-Commerce Moratorium, PSH (Public Stock Holdings), WTO Appellate body etc.
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